Natixis Advisors LLC Has $123.11 Million Stock Holdings in Starbucks Corporation $SBUX

Natixis Advisors LLC trimmed its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 9.7% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 1,455,239 shares of the coffee company’s stock after selling 155,759 shares during the quarter. Natixis Advisors LLC’s holdings in Starbucks were worth $123,113,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SBUX. Brighton Jones LLC lifted its position in Starbucks by 86.5% during the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after purchasing an additional 81,952 shares during the period. Schnieders Capital Management LLC. increased its holdings in Starbucks by 47.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock valued at $334,000 after buying an additional 1,164 shares during the period. Paradigm Asset Management Co. LLC bought a new position in Starbucks in the 2nd quarter valued at about $302,000. AE Wealth Management LLC raised its position in shares of Starbucks by 13.7% in the 2nd quarter. AE Wealth Management LLC now owns 42,372 shares of the coffee company’s stock valued at $3,883,000 after buying an additional 5,098 shares in the last quarter. Finally, Prospera Financial Services Inc raised its position in shares of Starbucks by 3.8% in the 2nd quarter. Prospera Financial Services Inc now owns 55,484 shares of the coffee company’s stock valued at $5,086,000 after buying an additional 2,031 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $98.99 on Monday. The company has a 50 day simple moving average of $93.71 and a 200 day simple moving average of $87.87. The firm has a market cap of $112.78 billion, a PE ratio of 81.81, a price-to-earnings-growth ratio of 2.21 and a beta of 0.93. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $106.86.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the previous year, the firm earned $0.69 earnings per share. The company’s revenue was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, research analysts anticipate that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Starbucks from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Piper Sandler restated an “overweight” rating and set a $103.00 price objective (up from $100.00) on shares of Starbucks in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $113.00 target price on shares of Starbucks in a research note on Thursday, January 29th. Citigroup reduced their target price on Starbucks from $94.00 to $92.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Finally, Wells Fargo & Company set a $110.00 price target on Starbucks in a report on Wednesday, January 28th. Seventeen analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $104.22.

Starbucks Profile

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.